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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 434.2 $ 482.8
Cost of sales 281.2 307.9
Gross profit 153.0 174.9
Operating expenses:    
Selling, general and administrative expenses 87.1 90.9
Impairment of goodwill and intangible asset 147.5  
Research and development expenses 14.8 15.3
Restructuring costs 1.6 2.3
Total operating expenses 251.0 108.5
(Loss)/Income from operations (98.0) 66.4
Other non-operating income and expense:    
Interest expense, net 17.4 19.8
Other non-operating (income)/expense, net (1.5) 1.1
Total other non-operating (income) expense, net 15.9 20.9
(Loss)/Income before income taxes (113.9) 45.5
Provision for income taxes 2.7 10.3
Net (loss)/income $ (116.6) $ 35.2
Weighted average shares, basic 64.5 64.2
Weighted average shares, diluted 64.5 64.4
Net (loss)/income per share:    
Basic $ (1.81) $ 0.55
Diluted (1.81) 0.55
Cash dividend declared per share $ 0.17 $ 0.17